Company Valuation: Cigna

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 76,106 101,304 87,625 76,809 73,521 77,951 - -
Change - 33.11% -13.5% -12.34% -4.28% 6.03% - -
Enterprise Value (EV) 1 104,695 126,473 110,733 101,231 97,308 99,298 96,169 90,456
Change - 20.8% -12.45% -8.58% -3.88% 2.05% -3.15% -5.94%
P/E 14.6x 15.6x 17.2x 22.8x 12.4x 11.9x 10.5x 9.51x
PBR 1.57x 2.21x 1.89x 1.84x 1.74x 1.78x 1.65x 1.51x
PEG - 0.4x -0.9x -0.8x 0.1x 1x 0.8x 0.9x
Capitalization / Revenue 0.44x 0.56x 0.45x 0.31x 0.27x 0.27x 0.26x 0.25x
EV / Revenue 0.6x 0.7x 0.57x 0.41x 0.35x 0.35x 0.32x 0.29x
EV / EBITDA 9.42x 11x 9.24x 8.38x 7.88x 7.51x 6.76x 6.1x
EV / EBIT 13.2x 15x 13x 10.7x 10.6x 9.6x 8.43x 7.58x
EV / FCF 17.3x 17.2x 10.8x 11.3x 11.6x 12.3x 9.97x 9.55x
FCF Yield 5.77% 5.82% 9.25% 8.85% 8.62% 8.11% 10% 10.5%
Dividend per Share 2 4 4.48 4.92 5.6 6.04 6.176 6.437 6.762
Rate of return 1.74% 1.35% 1.64% 2.03% 2.19% 2.09% 2.18% 2.29%
EPS 2 15.73 21.3 17.39 12.12 22.18 24.82 28.16 31.01
Distribution rate 25.4% 21% 28.3% 46.2% 27.2% 24.9% 22.9% 21.8%
Net sales 1 174,078 180,642 195,322 247,099 274,900 287,448 299,163 315,514
EBITDA 1 11,118 11,522 11,980 12,083 12,351 13,223 14,220 14,822
EBIT 1 7,935 8,414 8,536 9,417 9,200 10,339 11,410 11,938
Net income 1 5,365 6,668 5,164 3,434 5,957 6,567 7,521 7,733
Net Debt 1 28,589 25,169 23,108 24,422 23,787 21,347 18,218 12,505
Reference price 2 229.63 331.34 299.45 276.14 275.23 295.00 295.00 295.00
Nbr of stocks (in thousands) 331,428 305,739 292,620 278,153 267,126 264,240 - -
Announcement Date 03/02/22 03/02/23 02/02/24 30/01/25 05/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.89x0.35x7.51x2.09% 77.95B
21.07x0.93x13.49x2.22% 365B
18.48x0.56x10.53x1.66% 89.54B
56.47x0.35x20.03x0.86% 49.46B
17.12x0.15x9.57x-.--% 33.19B
57.62x0.21x13.22x-.--% 10.32B
9.83x0.62x11x4.59% 8.04B
86.82x0.84x31.28x-.--% 2.54B
21.69x1.43x8.31x-.--% 2.14B
60.04x0.25x8.68x-.--% 1.7B
Average 36.10x 0.57x 13.36x 1.14% 64.03B
Weighted average by Cap. 22.93x 0.71x 12.65x 1.87%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Cigna

Historical PBR trend

Valuation ratios - PBR - Cigna

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Cigna

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Cigna


Year-on-year evolution of the Yield

Valuation ratios - Yield - Cigna